Formula 5

Wednesday, January 21, 2009

Formula 5 is a new program released by Paul Lember. It allows you to double, or even more your business, in a few months.

Reasons why businesses fail:

Take a minute to think about your business and see if any of these reasons apply to you, because if they do, you might be in the path of failure.

Formula 5 :- Rescue fantasy:Most business owners operate with what he calls the rescue fantasy. There is only one piece missing to the puzzle, if I manage to learn it, I will be rich. He asks: are you really willing to risk everything on that one thing? What are the odds?

Reality to the rescueWhat matters to tackle different activities is to pick one and finish it, only then pick the next one.It doesn’t really matter what you are doing if you are doing it.It doesn’t matter how bad you do these things because each one of them adds something to your business and they are pile up and that is what brings you success.It doesn’t matter if you are doing it right or wrong; if it is giving you minimal positive results, you keep going you will eventually get it and make yourself rich.

Tuesday, January 20, 2009

Formula 5 Stompernet - The secret formula1. Compounding.2. Work each of the 5 doing ONE thing at a time.3. Doing something incremental; not brilliantly, but consistency.4. No perfection, just execution (you don’t have time, just get it done).5. Ccontinue cycling small changes.

Why people will pay more?If you do anything or all of these 4 things people will willingly pay more.Formula5:- One client that sells business to business products that the chances of making a sale are:

It is way easier to sale to existing customers than to new customers. Divide the effort you use to attract new customers in half and use that time and resources to market new products to existing customers.

Increase the value of the product, increases the ROI of your customers, allows you to increase the pricing and that provides better margins.

You can forget about being tight or asking for loans… your business will have the chashflow to sustain and grow by itself. The reinvestment inbusiness development will give it what it needs to grow.

Friday, January 16, 2009

Stompernet Formula5 Bonus - If you don’t do anything else, do a sensitivity analysis. And see what is going to happened with your business before taking decisions.

There are different formulas to attack the different things to improve.

Increase the value of your product, to increase the price tag. (Formula5)

You need money to reinvest in your business, or your competition will outmarket you easily and can take you out of business.

You need then, to increase your margins to reinvest them into business development.

The prices increase didn’t show a decrease in the sold volume. The present price tag is $3600. People pay it without hesitation because they have a great return over the investment. They only needed to work on showing the value better to get there from the previous price of $3000. In information products, you can put the price tag that you want because there is nothing to compare them to.

Wednesday, January 14, 2009

Formula 5 is a new program released by Paul Lember. It allows you to double, or even more your business, in a few months.

Reasons why businesses fail:

Take a minute to think about your business and see if any of these reasons apply to you, because if they do, you might be in the path of failure.

Formula 5:- Rescue fantasy:Most business owners operate with what he calls the rescue fantasy. There is only one piece missing to the puzzle, if I manage to learn it, I will be rich. He asks: are you really willing to risk everything on that one thing? What are the odds?

Reality to the rescueWhat matters to tackle different activities is to pick one and finish it, only then pick the next one.It doesn’t really matter what you are doing if you are doing it.It doesn’t matter how bad you do these things because each one of them adds something to your business and they are pile up and that is what brings you success.It doesn’t matter if you are doing it right or wrong; if it is giving you minimal positive results, you keep going you will eventually get it and make yourself rich.

Wednesday, January 7, 2009

Do you actually believe that if you focus on just 5 things, if youspend your time in just 5 important things your business will double?

Formula 5 is a new program released by Paul Lember. It allows you to double, or even more your business, in a few months.

According to 20 years of data from the census bureau, 62.8% of allnew businesses fail within 6 years. That is more or less 3/2 of them.That doesn?t give you very good odds. Formula 5

To put this in perspective, lets compare it with the odds of success in other areas:

Conclusion: you can do better gambling in Las Vegas that buildingyour own business under regular conditions. However, those businessesthat use Formula 5 have 95% chances of success (That?s based on resultsover 100s of clients over the past 15 years).